Makc3d said I could choose one of his excellent wonderfl.net pieces and submit it to the contest. This snippet creates a ball that bounces off the inside of a circle. I thought this was a pretty unique way to go about doing this - and found it easy to add gravity and other cool features to it.

Makc3d elaborated on his code a bit via e-mail. He said that his technique sacrifices accuracy for simplicity... and that if you simplify too much it would be easy to break the code. "e.g. comment out piece of code where it says "move away from bounding circle""...

Here is a picture that Makc3d drew explaining why you need to multiply by 2: